Increase in Ethanol imports ( if any ) less likely

Brazil, as of May 1st, will increase ethanolmix from20 to 25% AND is also now considering lowering a tax on the fuel. This will make it even more lively the FLEX cars will take more ethanol.

Reusters report:
"... Itau BBA said domestic demand growth for ethanol would match
the additional supply this season, which is expected to rise by
4.6 billion liters from a year ago, and make growth in exports
of the biofuel difficult. "

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